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Euro: ‘Buying Time’ May Not Work This Time as Crisis Intensifies

Euro: ‘Buying Time’ May Not Work This Time as Crisis Intensifies Fundamental Forecast for the Euro: Bearish There are many comparisons being made to current Euro-region market conditions and those back in the second quarter of 2010 when trouble just started brewing for Greece. However, it is perhaps better to draw the connections to the situation now and that of the second half of 2008.

Published by on May 19th, 2012 at 01:05 am
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Epic Tech IPOs: 3 Triumphs, a Travesty, and a Tragedy

A youngster with a disdain for wealth, distrustful of Wall Street bankers, suddenly scores millions of dollars for himself and his hacker friends. Ah, Bill Gates was quite the story back in 1986. As Facebook winds down its first day of trading , here’s a look back on the drama of some of tech’s other—sometimes eerily similar—classic IPOs

Published by on May 18th, 2012 at 01:05 pm
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The Calculated Mover: EURGBP

The Euro – Great British Pound Franc currency pair is a currency pair often with slow moving trends.

Published by on May 18th, 2012 at 10:05 am
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USD Index Carving Top In May, AUD Eyes November Lows

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10117.01 10154.53 10106.53 0.03 104.88% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar ) remains 0.03 percent higher from the open after moving 105 percent of its average true range, and we may see the greenback consolidate throughout the North American trade as hopes surrounding the G8 Summit props up market sentiment. However, as the EU struggles to meet on common ground, there’s certainly limited scope of seeing something done on a global scale, and we should see the flight to safety gather pace in the days ahead as the heightening risk for contagion saps risk-taking behavior.

Published by on May 18th, 2012 at 09:05 am
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Commodity Prices Have Scope to Rise into the End of Trading Week

Talking Points Crude Oil, Copper May Rise Amid Profit-Taking on Risk Aversion Bets Gold and Silver Well-Supported on QE3 Hopes, Eurozone Instability Commodity prices are showing diverging performance in early European trade. Growth-sensitive crude oil prices are following shares lower but likewise sentiment-linked copper is essentially flat. Meanwhile, gold and silver are on the upswing, following up on a jump higher in late Wall Street trade after a disappointing set of US economic data seemed to stoke Fed QE3 bets and drive demand for precious metals as an alternative store of value while boosting Treasuries and weighing on the US Dollar

Published by on May 18th, 2012 at 01:05 am
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